A .77 hectare (1.91-acre) site at the northeast intersection of St. Clair Avenue West and Bathurst Street in mid-town Toronto which has been vacant for many years will be developed as a master-planned residential block.
The site at 490 St. Clair Avenue West is zoned for three residential towers, with retail and commercial space at grade, a public park at the corner, and community amenities, including a daycare. It is also currently zoned to include a small number of affordable rental units.
The transit-oriented location will connect commuters to the Financial District in less than 12 minutes. With an east-west dedicated streetcar route right outside its door, it is also a gateway intersection to many of Toronto’s most ravine trails and neighborhoods, such as Forest Hill, Cedarvale, and Wychwood.
Developer Canderel says it will be working on updated designs for the residential buildings and retail in the coming months with the site already zoned. Nearby, it also has the St.Clair Village development under construction at 900 St. Clair West.
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